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Paco Rabanne, the Space Age designer, dies aged 88

Paco Rabanne, the Space Age designer, dies aged 88

Paco Rabanne, the Spanish-born creator known as the Space Age designer, has died in Portsall, on the western tip of Brittany in France. He was 88.
Fashion
Paul Smith pulls out of Russia

Paul Smith pulls out of Russia

​Paul Smith has admitted it was a “mistake” to continue trading in Russia, albeit through a franchise partner. The global fashion giant is now closing its two branded stores, on Moscow’s Red Square and in St Petersburg.
Luxury
Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award

Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award

​Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Fashion
Australian fashion brand Camilla receives minority investment

Australian fashion brand Camilla receives minority investment

Australian luxury fashion brand Camilla has received a minority investment from Andrew and Nicola Forrest’s investment vehicle Tattarang. 
Luxury
Investor Ryan Cohen takes stake in Nordstrom

Investor Ryan Cohen takes stake in Nordstrom

Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom and plans to urge the department-store chain to make changes to its board after a decline in share prices, the Wall Street Journal reported.
Luxury
Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap

Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap

This past week in Paris, Brazil’s most important luxury retailer Iguatemi feted its rebound from the pandemic, as its CEO Cristina Betts explained its M&A plans and predicted double continued digit growth in 2023.
Fashion
London Fashion Week announces final February schedule including Lee's Burberry debut

London Fashion Week announces final February schedule including Lee's Burberry debut

The British Fashion Council has released its London Fashion Week schedule, taking place 17-21 February. Top billing goes to British luxury brand Burberry on Monday (20th) under the new creative direction of Daniel Lee.
Fashion
Martine Sitbon launches new Rev ready-to-wear line

Martine Sitbon launches new Rev ready-to-wear line

The iconic French designer of the 1980s and 1990s is back with a new fashion project. A collection called Rev inspired by her archive pieces, which will be unveiled at the next Paris Fashion Week.
Fashion
Prada tops Lyst Index for first time, Saint Laurent bag is top product

Prada tops Lyst Index for first time, Saint Laurent bag is top product

Prada hit something of a low just a few years ago due to the pandemic. But its impressive recovery was underlined on Thursday as the latest instalment of the Lyst Index showed it as the hottest brand in the world.
Fashion
Tapestry announces new ESG strategy, goals for 2023

Tapestry announces new ESG strategy, goals for 2023

The company’s 10th report introduces the ‘Fabric of Change’, Tapestry’s updated ESG strategy including new goals to match its ambitions, starting with new science-based targets. 
Luxury
Care & repair arrives at Net-A-Porter, Mr Porter and The Outnet in The Seam deal

Care & repair arrives at Net-A-Porter, Mr Porter and The Outnet in The Seam deal

​In another sign that repair is one of the key trends for 2023, YNAP said its in-season and off-price e-tailers Net-A-Porter, Mr Porter and The Outnet are launching their first dedicated customer care & repair offers.
Fashion
Source Fashion's seminar programme includes Alice Temperley, Boohoo, F&F

Source Fashion's seminar programme includes Alice Temperley, Boohoo, F&F

Source Fashion, the UK-based international sourcing show, has announced its line-up of international speakers, designers, industry professionals, experts and brands for the 12-14 February event at Olympia London.
Fashion
UK's competition body investigates Richemont-Farfetch deal for YNAP

UK's competition body investigates Richemont-Farfetch deal for YNAP

The UK’s Competition and Markets Authority (CMA) is looking into Farfetch’s purchase of a stake in Yoox Net-A-Porter, owned by Swiss luxury goods group Richemont, claiming it might reduce competition in the UK market.
Fashion
Canada Goose launches recommerce platform 'Canada Goose Generations'

Canada Goose launches recommerce platform 'Canada Goose Generations'

Canada Goose announced on Tuesday a new recommerce platform, launching first in the United States, with plans to expand into Canada later this year. 
Luxury
Lanvin Group CFO resigns ahead of full-year results announcement

Lanvin Group CFO resigns ahead of full-year results announcement

Lanvin Group announced on Tuesday the resignation of its chief financial officer, Shang Koo. David Chan, the Group's executive president, will serve as interim CFO while the luxury group searches for Koo's replacement. 
Luxury
Frasers set to launch own-brand BNPL app - report

Frasers set to launch own-brand BNPL app - report

Frasers Group is understood to be rolling out its own buy-now/pay-later (BNPL) offer as part of an own-brand, standalone financial package scheme. 
Fashion